Legal provisions of COM(2016)624 - Mobilisation of the Contingency Margin in 2016

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dossier COM(2016)624 - Mobilisation of the Contingency Margin in 2016.
document COM(2016)624 EN
date December 14, 2016

Article 1

For the general budget of the Union for the financial year 2016, the Contingency Margin shall be mobilised to provide the amount of EUR 240,1 million in commitment appropriations over and above the commitment ceiling of heading 3 of the multiannual financial framework.

Article 2

The amount of EUR 240,1 million in commitment appropriations referred to in Article 1 shall be fully offset against the margin under the commitment ceiling of heading 5 (Administration) of the multiannual financial framework for the financial year 2016.

Article 3

This decision shall be published in the Official Journal of the European Union.